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BitTorrent Gets $8.75M From Venture-Capital Firm

Posted by ryuzaki0 on from the well-distributed dept.

funny-jack writes "BitTorrent's drive to legitimize itself as a tool for distributing legal content appears to be gaining steam, as evidenced by the $8.75 million venture capital they recently secured. 'The piracy business is not something anyone can make money on,' says Ashwin Navin, who co-founded BitTorrent with Bram Cohen. 'We want to distribute paid and ad-supported content, using this technology.'"

7 of 266 comments (clear)

  1. First post by WreckingCru · · Score: -1, Offtopic

    Yes!! finally a first post....I want to thank jesus, no wait...im not christian.... and my parents for teaching me english so I could read slashdot.. Honestly though, great news for BT. It's a great file distribution system (legal and otherwise).

    --
    If I have seen farther than others, it is because I was standing on the shoulders of giants.
  2. you iFail It by Anonymous Coward · · Score: -1, Offtopic

    is dying.Things as to which *BSD munches the most OS. Now bSDI is Much organisation,

  3. m7o3 down by Anonymous Coward · · Score: -1, Offtopic

    dying. All major decQlined in market

  4. Of couse, it's been gaining Steam ever sense Valve by ShyGuy91284 · · Score: 0, Offtopic

    although I don't think he works for them anymore, at least his projects seem to be continuing to gain steam....

    --
    In undeveloped countries, the consumer controls the market. In capitalist America, the market controls you.
  5. fir9s7 by Anonymous Coward · · Score: -1, Offtopic

    wiLl^ not work. And NIGGER community which don't use the

  6. Re:Piracy is BIG business by Anonymous Coward · · Score: -1, Offtopic

    Question: Did you insert the extra carriage returns to add legitimacy to your comment, or was there some other reason?

  7. you insens$itive 3lod! by Anonymous Coward · · Score: -1, Offtopic

    arEa. It -is the Practical purposes